What’s the ‘standard deduction’? An accounting expert explains how it simplifies tax filing and saves most Americans money
- Written by: Ryan Polk, Assistant Professor of Accountancy, Clemson University
President Donald Trump shakes hands with House Speaker Paul Ryan, as Vice President Mike Pence looks on, after the passage of a tax reform package on Dec. 20, 2017.AP Photo/Evan VucciFiling taxes can be daunting, but understanding your options for reducing your taxable income can help make it easier and save you money.
U.S. taxpayers have two main...







